A new standard has been published to help businesses collaborate with other organizations or individuals.
ISO 44001, Collaborative business relationship management systems – Requirements and framework, aims to assist companies to establish and improve collaborative relationships, both within and between organizations.
The standard provides the overall components of a management system for business relationships as well as operational process requirements.
ISO 44001 follows the common high-level structure, making it easier for anyone using multiple management systems. The standard also features an eight-stage life cycle to ensure sustainable relations, including operational awareness, value creation, knowledge, internal assessment, partner selection, working together, staying together, and exit strategies.
The standard was developed by ISO project committee ISO/PC 286, Collaborative business relationship management – Framework. ISO/PC 286 Secretary Mick Maghar said the standard is applicable to both private and public organizations of all sizes.
“ISO 44001 can be used on many different levels, from a single project or one-to-one partnership to multiple partner alliances across the whole organization,” Maghar said. “It will help businesses to work better together, maximize the benefits of their stakeholder relationships and support their sustainability.”
Click here for more information about ISO 44001:2017.